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Solana hires ex-Binance CMO to boost institutional growth and payments strategy

Protocol Fundamentals
24 Sep 2026
Crypto Briefing
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Neutral
Solana hires ex-Binance CMO to boost institutional growth and payments strategy

The Solana Foundation has appointed Rachel Conlan, former global Chief Marketing Officer at Binance, as chief strategy officer, and Jamal Raees as general manager of payments. These strategic hires aim to strengthen Solana's institutional adoption and expand its payment solutions, reflecting the platform's efforts to grow its ecosystem. Following the announcement, Solana's price remained stable around $115, indicating cautious market optimism. Investors will watch for increased institutional engagement and potential new partnerships as key indicators of success.

Following the recent strategic hires at Solana, the token's price on Pluang holds steady at Rp2.050.820 as of Sep 24, 2026 20:26 WIB, showing a slight 0.89% decline over the past day. The market cap stands at Rp1.193,03 trillion with a 24-hour trading volume of Rp83,44 trillion. Pluang users show balanced trading activity with an equal split between buy and sell orders, and typical holding periods around 70 days, indicating measured investor interest in Solana's evolving institutional strategy.

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